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Nokia has just announced it’s completed the acquisition of earthmine, a 3D street-level imaging specialist. Nokia has previously said it plans to use earthmine’s technology to bolster its digital mapping service — with the earthmine team joining Nokia’s Location and Commerce business division. Terms of the acquisition have not been announced. The transaction had been expected to close by the end of 2012.

earthmine’s “reality capture and processing technologies” will be integrated into Nokia’s freshly rebranded maps — now called Here — to better compete with rival 3D mapping offerings such as Google Earth and Google’s Street View.

Commenting in a statement when the acquisition was announced last week, John Ristevski, co-CEO of earthmine, said: “We are very excited to be joining Nokia – a company with a huge presence and vision in mapping. We could not hope for a better place to fulfill and accelerate our mission of indexing the world in 3D.”

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OverviewSlated to be the next big thing in 3D mapping? That's what stealthy Berkeley, CA based company earthmine is hoping to be. Earthmine takes over where Google Street View and Microsoft Virtual Earth left off. Just like Google and Microsoft, earthmine sends out multiple cars with powerful cameras strapped to their roofs. However, unlike the other two, earthmine uses a stereoscopic system with wide …

OverviewNOKIA is a Finnish multinational communications corporation. It is primarily engaged in the manufacturing of mobile devices, network infrastructure, location-based technologies, and advanced technologies businesses worldwide. It is also engaged in converging internet and communications industries.
The company is known for manufacturing a wide range of mobile devices with services and software that …